SMACNA’s recent webinar, What Contractors Need to Know About Withdrawal Liability, makes it easy for you to be able to answer the following questions:
- What is the building and construction industry exemption?
- When is withdrawal liability triggered?
- What do I need to know when buying or selling a business?
- What do I need to be doing now to plan for the future?
Webinar presenter Mike McNally, Partner at SMACNA Bronze Associate Member company, Fox Rothschild LLP covered the basics of withdrawal liability, with special attention paid to buying/selling businesses, how withdrawal liability may impact business valuation, and when the liability is triggered in connection with a contractor’s cessation of operations.
